单词 | debt-equity swap |
释义 | debt-equity swap debt-equity swap (also spelled debt/equity swap) (also debt-for-equity swap, debt swap) noun [C]
(Finance )
1 an arrangement in which a lender reduces the amount of a company's debt, in exchange for receiving shares in the company: The debt-equity swap will give creditors a 30% stake in the company.
2 an arrangement between a foreign company and the government of a country. The company agrees to pay part of the government's foreign debts in exchange for receiving local currency, which it then uses to finance its business in the country or buy shares in local companies: The company has made a $25 million investment in China through a debt-equity swap. |
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